Franklin India Corporate Debt Fund Direct Growth
Debt
Direct
Corporate Bond
NAV as on 21-02-2025
₹ 102.74
Inception Returns
8.3%
/yr
About Franklin India Corporate Debt Fund Direct Growth
Franklin India Corporate Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Chandni Gupta, Rahul Goswami. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Corporate Debt Fund Direct Growth has ₹759 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Franklin India Corporate Debt Fund Direct Growth has given a CAGR return of 8.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.09%, 6.45% and 6.19% respectively.
Holdings
Franklin India Corporate Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.53% Govt Stock 2034, ICICI Home Finance Company Limited, Sikka Ports & Terminals Limited, Mankind Pharma Ltd, Pipeline Infrastructure Private Limited
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Franklin India Corporate Debt Fund Direct Growth
The investment objective of the Scheme is primarily to provide investors Regular income and Capital appreciation.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 500.00. Franklin India Corporate Debt Fund Direct Growth has no lock in period.
Historical NAV & Returns
Franklin India Corporate Debt Fund Direct Growth Overview
| Expense ratio | 0.23% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹759 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹10000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 156.55% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 752.9 Cr as of Jan'25
- AUM increased by 2.7 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.53% Govt Stock 2034 | 7.5% | 0% | |
ICICI Home Finance Company Limited | 7.13% | 0% | |
Sikka Ports & Terminals Limited | 6.88% | 0% | |
Mankind Pharma Ltd | 6.79% | 0% | |
Pipeline Infrastructure Private Limited | 6.76% | 0% |
Mutual Fund Insights
Franklin India Corporate Debt Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹759 Cr
Expense Ratio 0.23%
Frequently Asked Questions for Franklin India Corporate Debt Fund Direct Growth
Franklin India Corporate Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.86% | 3.86% |
1 Year Returns | 8.09% | 8.09% |
3 Years Returns | 20.61% | 6.45% |
5 Years Returns | 35.03% | 6.19% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 79.66 |
AA | 20.34 |